Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Gambling a Solution to Argentine Woes?
SI.com, July 29th, 2009 3:02PM

MOST READ

MOST COMMENTED

The Argentine soccer federation (AFA) has decided to push back the start of the top-flight Apertura tournament because of the financial problems facing a number of clubs. A players union has listed seven clubs that have debts totaling $10 million: San Lorenzo, River Plate, Independiente, Newell's, Huracan, Racing Club and Rosario Central.

"All the AFA tournaments are postponed until the Argentine Players Union gives the OK to lift the restrictions,'' Ernesto Cherquis Bialo, the AFA press coordinator, said. The global economic crisis has hurt Argentine clubs, which depend on large player fees from rich European clubs. With the AFA unwilling to lend financial aid, clubs need to look for other streams of revenue. AFA president Julio Grondona acknowledged that internet betting might prove one solution. And he said he has asked for an urgent meeting with Argentina President Cristina Fernandez to discuss how the government and the AFA might share in the revenue. Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Report: Blind Injury Not as Bad as Feared     
Manchester United on Thursday was boosted by the news that defender Daley Blind will be out ...
Parma Deducted Points for Missing Payments    
Serie A club Parma will be deducted between one and six points this season for failing ...
MLS MVP Finalists Still Alive     
For the first time since 2010, all three MLS MVP finalists still have a chance of ...
Toure, Ivory Coast Confirm AFCON Participation     
Manchester City will increase its efforts to extend Frank Lampard's loan from New York City FC ...
Marseille Officials Implicated in Raids     
Ligue 1 leader Marseille is still in shock after fifteen current and past officials at the ...
Report: Qatari Whistleblower Fears for Safety     
Former Qatar 2022 bid worker Phaedra Almajid fears for her safety after FIFA ethics judge Joachim ...
Report: FIFA's Anti-Corruption Case in 'Disarray'    
FIFA ethics judge Joachim Eckert and investigator Michael Garcia are meeting on Thursday to discuss the ...
Boca, River Square off in Copa Sudamericana Semis    
Buenos Aires archrivals River Plate and Boca Juniors are set to meet in the Copa Sudamericana ...
Report: Real to Receive $2 Million for Modric's Injury     
AS reports that FIFA will compensate Real Madrid with 1.6 million euros ($2 million) for the ...
Liverpool's Sturridge Out Six Weeks     
Liverpool striker Daniel Sturridge has picked up yet another injury and is now set to miss ...
>> Section 2 Around the Net Archives